Answer:$728
Step-by-step explanation:
$156,000 less 20% is $124,800.
That is the amount that is being financed. If the rate is7% per year the first months interest is:
124,800*.07/12 = $728
You didn't ask but if the mortgage is like most conventional mortgages the 30 * 12 = 360 payments are all approximately equal, with less money expended on paying down the principal at first. Their equal payment would be: $830.30
The equation is $130 + $31.67x = 500
Subtract 130 from both sides $31.67x = $370
Divide $31.67 from both sides
X=11.68
BUT
you can’t have .68 of a day so the answer is 11 days.
Okay. So 90 yds was cut from the 230 yd yarn. 230 - 90 = 140. 1/2 of 140 is 70. 230 - 70 = 160. The yellow yarn was 160 yds longer than the blue yarn at first.
Answer:
cant see from the light retake the photo
Step-by-step explanation: